TSE:CNE Canacol Energy (CNE) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free CNE Stock Alerts C$4.39 +0.02 (+0.46%) (As of 04/17/2024 ET) Add Compare Share Share Today's RangeC$4.35▼C$4.4650-Day RangeC$4.29▼C$6.0052-Week RangeC$4.25▼C$12.55Volume7,083 shsAverage Volume62,924 shsMarket CapitalizationC$149.74 millionP/E Ratio1.28Dividend Yield23.69%Price TargetC$7.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canacol Energy alerts: Email Address Canacol Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside77.7% UpsideC$7.80 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.65 out of 5 stars 3.0 Analyst's Opinion Consensus RatingCanacol Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCanacol Energy has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CNE. Previous Next 2.5 Dividend Strength Dividend LeadershipCanacol Energy is a leading dividend payer. It pays a dividend yield of 22.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanacol Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canacol Energy is 30.23%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNE. Previous Next 1.1 News and Social Media Coverage Search Interest4 people have searched for CNE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Canacol Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canacol Energy insiders have not sold or bought any company stock.Percentage Held by Insiders20.98% of the stock of Canacol Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 30.72% of the stock of Canacol Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canacol Energy is 1.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Canacol Energy is 1.28, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 93.14.Price to Book Value per Share RatioCanacol Energy has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Timothy SykesUrgent alert: open this for a huge profit potentialThis groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.See Tim’s instructions to make this remarkably simple trade right here About Canacol Energy Stock (TSE:CNE)Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd operates as a subsidiary of CDS Clearing and Depository Services Inc.Read More CNE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNE Stock News HeadlinesMarch 27, 2024 | msn.comTSX futures edge up tracking precious metals pricesMarch 19, 2024 | theglobeandmail.comClosing Bell: Canacol Energy Ltd flat on Monday (CNE)April 18, 2024 | Crypto 101 Media (Ad)[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.February 20, 2024 | juniorminingnetwork.comNevada Lithium Resources Announces Appointment of Dr. David A. Winter to Board of DirectorsFebruary 19, 2024 | finance.yahoo.comCanacol Energy (TSE:CNE) Has Some Way To Go To Become A Multi-BaggerFebruary 6, 2024 | ca.finance.yahoo.comBulgaria's farmers are joining Europe-wide protestsFebruary 5, 2024 | ca.finance.yahoo.comStocks in play: Canacol Energy Ltd.February 5, 2024 | finance.yahoo.comCanacol Bonds Hit Record Low as Gas Producer Fails to Reassure Investors After Series of SetbacksApril 18, 2024 | Crypto 101 Media (Ad)[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.February 5, 2024 | finance.yahoo.comCanacol Energy Ltd. Provides 2024 Capital and Gas Sales GuidanceJanuary 15, 2024 | benzinga.comCanacol Energy Delivers Strong Performance and Growing Profits, Elevating Investor ReturnsJanuary 7, 2024 | seekingalpha.comCNE:CA Canacol Energy LtdDecember 29, 2023 | finance.yahoo.comHedge funds own 20% of Canacol Energy Ltd (TSE:CNE) shares but retail investors control 45% of the companyNovember 10, 2023 | theglobeandmail.comClosing Bell: Canacol Energy Ltd flat on Thursday (CNE)November 9, 2023 | finance.yahoo.comCanacol Energy Ltd. Reports an 11% Increase in Netback and an Adjusted EBITDAX of $62 million in Q3 2023November 1, 2023 | theglobeandmail.comCanacol Energy: Top 10 Undervalued Oil & Gas Industry Stocks (CNE)October 30, 2023 | finance.yahoo.comCanacol Energy Ltd. To Announce Third Quarter 2023 Financial Results on Thursday, November 9, 2023; Hold Conference Call on Friday, November 10, 2023October 28, 2023 | msn.com2 Neglected Stocks Set to Surprise InvestorsOctober 26, 2023 | theglobeandmail.comClosing Bell: Canacol Energy Ltd up on Wednesday (CNE)October 18, 2023 | finance.yahoo.comCanacol Energy Ltd. Announces Resignation of Juan Argento and Appointment of Valentina Garbarini to Board of DirectorsOctober 16, 2023 | finance.yahoo.comCanacol Energy Ltd. Announces Exercise of Warrants in Arrow Exploration Corp. and Filing of Early Warning ReportOctober 5, 2023 | finance.yahoo.comThe past five years for Canacol Energy (TSE:CNE) investors has not been profitableSeptember 15, 2023 | seekingalpha.comCanacol Energy declares CAD 0.26 dividendAugust 30, 2023 | theglobeandmail.comClosing Bell: Canacol Energy Ltd flat on Tuesday (CNE)August 13, 2023 | finance.yahoo.comCanacol Energy Ltd (TSE:CNE) Analysts Just Trimmed Their Revenue Forecasts By 12%August 9, 2023 | finance.yahoo.comCanacol Energy Ltd. Presents Its 2022 ESG Report Highlighting New Long Term Climate Goals of a 50% reduction in Scope 1 and 2 Emissions by 2035, Carbon Neutrality by 2050, and Zero Methane Emissions by 2026August 8, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Canacol Energy (TSE:CNE) Presents An OpportunitySee More Headlines Receive CNE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canacol Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/21/2024Today4/18/2024Next Earnings (Estimated)5/09/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:CNE CUSIPN/A CIKN/A Webwww.canacolenergy.com Phone+1-403-5611648FaxN/AEmployees396Year FoundedN/APrice Target and Rating Average Stock Price TargetC$7.80 High Stock Price TargetC$9.00 Low Stock Price TargetC$5.40 Potential Upside/Downside+77.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.44 Trailing P/E Ratio1.28 Forward P/E Ratio6.86 P/E GrowthN/ANet IncomeC$86.24 million Net Margins27.31% Pretax MarginN/A Return on Equity26.80% Return on Assets7.83% Debt Debt-to-Equity Ratio192.35 Current Ratio0.92 Quick Ratio1.34 Sales & Book Value Annual SalesC$315.80 million Price / Sales0.47 Cash FlowC$1.19 per share Price / Cash Flow3.68 Book ValueC$10.31 per share Price / Book0.43Miscellaneous Outstanding Shares34,110,000Free FloatN/AMarket CapC$149.74 million OptionableNot Optionable Beta0.86 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesDr. Charle A. Gamba B.Sc. (Age 60)MSc., Ph.D., President, CEO & Director Comp: $1.8MMr. Jason Michael Bednar B.Comm. (Age 53)CA, Chief Financial Officer Comp: $1.24MMr. Ravi SharmaChief Operating OfficerMr. Anthony Amar ZaidiVP of Business Development, General Counsel & Corporate SecretaryMs. Carolina OrozcoVice President of Investor Relations & CommunicationsMr. William M. Satterfield B.Sc. (Age 62)MA, Senior Vice President of Exploration More ExecutivesKey CompetitorsSintana EnergyCVE:SEIFalcon Oil & GasCVE:FOPetrus ResourcesTSE:PRQKolibri Global EnergyTSE:KEIHemisphere EnergyCVE:HMEView All Competitors CNE Stock Analysis - Frequently Asked Questions Should I buy or sell Canacol Energy stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canacol Energy in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CNE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNE, but not buy additional shares or sell existing shares. View CNE analyst ratings or view top-rated stocks. What is Canacol Energy's stock price target for 2024? 3 Wall Street research analysts have issued 1 year price targets for Canacol Energy's stock. Their CNE share price targets range from C$5.40 to C$9.00. On average, they predict the company's share price to reach C$7.80 in the next year. This suggests a possible upside of 77.7% from the stock's current price. View analysts price targets for CNE or view top-rated stocks among Wall Street analysts. How have CNE shares performed in 2024? Canacol Energy's stock was trading at C$6.96 at the start of the year. Since then, CNE stock has decreased by 36.9% and is now trading at C$4.39. View the best growth stocks for 2024 here. When is Canacol Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our CNE earnings forecast. How were Canacol Energy's earnings last quarter? Canacol Energy Ltd (TSE:CNE) posted its quarterly earnings results on Thursday, March, 21st. The oil and gas exploration company reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.48. The oil and gas exploration company had revenue of $132.05 million for the quarter, compared to the consensus estimate of $96.48 million. Canacol Energy had a net margin of 27.31% and a trailing twelve-month return on equity of 26.80%. How often does Canacol Energy pay dividends? What is the dividend yield for Canacol Energy? Canacol Energy announced a quarterly dividend on Wednesday, December 20th. Stockholders of record on Friday, December 29th will be given a dividend of 0.26 per share on Monday, January 15th. This represents a $1.04 annualized dividend and a dividend yield of 23.69%. The ex-dividend date of this dividend is Thursday, December 28th. Read our dividend analysis for CNE. Is Canacol Energy a good dividend stock? Canacol Energy (TSE:CNE) pays an annual dividend of C$1.04 per share and currently has a dividend yield of 22.22%. CNE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.23%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CNE. When did Canacol Energy's stock split? Canacol Energy's stock reverse split before market open on Friday, January 20th 2023. The 1-5 reverse split was announced on Friday, January 20th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, January 20th 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. What other stocks do shareholders of Canacol Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canacol Energy investors own include Frontera Energy (PRE), Avianca (AVH), Ecopetrol (EC), Gran Tierra Energy (GTE), Whiting Petroleum (WLL), Air Canada (AC), Aecon Group (ARE), CEMEX (CX), Parex Resources (PXT) and Alimentation Couche-Tard (ATD.B). How do I buy shares of Canacol Energy? Shares of CNE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:CNE) was last updated on 4/18/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe “Perfect Storm” for GoldGold Safe ExchangeUrgent alert: open this for a huge profit potentialTimothy SykesTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsBiden out June 13; Kamala won’t replace him?Paradigm PressYour Money is Not SafeAmerican Alternative Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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